CFA NRA Condition Grading Scale 2 — Questions and Answers
Question 1: Under the NRA grading system for modern firearms, what percentage of original finish must remain for a gun to qualify as 'Very Good'?
- At least 92%
- At least 80% (Correct answer)
- At least 60%
- At least 95%
Correct answer: At least 80%
NRA 'Very Good' for modern firearms requires at least 80% original finish remaining.
Question 2: A revolver shows sharp lettering on all markings, no pitting, and about 97% bright original bluing. Which NRA modern grade applies?
- Perfect
- Excellent (Correct answer)
- Very Good
- Good
Correct answer: Excellent
NRA 'Excellent' applies to modern firearms with 95–99% original finish and sharp, clear markings.
Question 3: Which NRA antique condition grade describes a firearm that is mechanically sound but shows heavy wear, scratches, and very little original finish?
- Fair (Correct answer)
- Good
- Poor
- Antique
Correct answer: Fair
NRA 'Fair' for antiques describes guns that are functional but show heavy wear with little original finish remaining.
Question 4: The NRA 'Perfect' grade for modern firearms requires the gun to be in what specific condition?
- Unfired in original box with all accessories
- 100% original finish, new or near-new in every respect (Correct answer)
- 95% or more original finish with no mechanical defects
- Dealer demonstration model never sold to public
Correct answer: 100% original finish, new or near-new in every respect
NRA 'Perfect' means the firearm is in 100% original condition, as new in every respect.
Question 5: On the NRA antique firearms scale, a gun graded 'Good' must show evidence of what?
- No use whatsoever
- Average wear consistent with use but mechanically sound (Correct answer)
- Complete refinishing
- Severe rust and pitting throughout
Correct answer: Average wear consistent with use but mechanically sound
NRA 'Good' antiques show average wear from normal use but remain mechanically sound with safe functionality.
Question 6: An appraiser evaluating a modern semi-automatic pistol notes the finish is approximately 65% original. What is the correct NRA grade?
- Very Good
- Good (Correct answer)
- Fair
- Poor
Correct answer: Good
NRA 'Good' for modern firearms applies when 60–79% original finish remains.
Question 7: Which statement correctly distinguishes the NRA grading scales for 'modern' vs. 'antique' firearms?
- They are identical in all respects
- Antique grades use percentage-based finish criteria while modern grades use descriptive wear terms
- Modern grades use percentage thresholds while antique grades rely on descriptive condition terms (Correct answer)
- Only modern firearms use the NRA scale; antiques use a separate AAA system
Correct answer: Modern grades use percentage thresholds while antique grades rely on descriptive condition terms
NRA modern grades are defined by specific percentage thresholds of remaining finish, while antique grades use descriptive qualitative terms.
Under the NRA grading system for modern firearms, what percentage of original finish must remain for a gun to qualify as 'Very Good'?